Thought Leadership
Why private equity firms are prioritizing succession planning
For an industry that traditionally worships hero-leaders and where success is inextricably linked in the minds of investors with the mystique of its founding partners, the new urgency with which some private equity firms are beginning to address the issue of succession planning is an interesting trend.
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The private equity board: a good governance model?
In a recent study which analysed 70 successful private equity deals, perhaps surprisingly, McKinsey found that the primary source of value creation in the majority of these deals was the out performance of the company – not price arbitrage, not financial engineering and not overall sector gains or stock market appreciation – just better management of the business.
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